SISTA Colloquium Details
Monday, February 21, 2011
12:00 – 12:50 p.m.
Gould-Simpson Building, Room 906Light refreshments in 9th floor atrium area - 11:50 a.m.
Speaker: Sandy Dall'erba, Assistant Professor
School of Geography and Development
University of Arizona
Title: Regional Economic Development, Public Expenditures and Spillover Effects: Guidance for ARRA and Future Regional Policies
Abstract: This project proposes a spatial econometric estimation of the impact of local, state and federal policies on three indicators of economic development of the US counties over 1996-2007: per capita income growth, poverty rate and unemployment rate. In spite of the $188 billion (i.e. one fourth of the US budget) spent every year by the federal government, in addition to local and state governments expenditures, for economic development purposes, the literature does not offer much expertise on their impact on the economy of the recipient areas. In addition, no study has ever paid attention to the presence of spillover effects that affect both the regional economic dynamics of the US counties and the impact of public policies of all types. Based on a unique dataset of the Census Bureau’s Consolidated Federal Funds Reports, this project intends to learn from previous experiences to shape the ways the American Recovery and Reinvestment Act and future regional development policies can become more efficient.